NOT LISTED FOR SALE

Estimated Value: $156,251

2 Acres
$78,126 Price per Acre
87,120 Sq Ft Lot

Sale Details

Date Sold: December 20, 2023

Last sale price $137,500

Est. 14% increase in value since last sale

Current estimated payment $1,018 / mo

764 Days on Market

About This Lot

As of December 2023

The previous 7,200SF structure at that location was a restaurant for 40 years until a fire ended the businesses. The building also housed a Thrift Mart and catering company. The foundation of that building is still in place and would ask anybody walking the property to take notice of the orange boundaries and request that you not walk across them. There is a sewer line no too far from the property and connecting to it would need to be investigated.

Last Agent to Sell the Property

Norman Urquhart

Scalzo Real Estate License #RES.0772762 Listed on: 11/16/2021

Last Buyer's Agent

Norman Urquhart

Scalzo Real Estate License #RES.0772762 Listed on: 11/16/2021

Range of Values:

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Value Increase
--
Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,298

Lot Details

  • 2 Acre Lot
  • Property fronts a state road
  • Open Lot
  • Property is zoned B1

Utilities

  • Well
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 1870351

Property Details

Property Type

Land

Est. Annual Taxes

$6,298

Lot Details

2 Acres

Listing Details

  • Neighborhood: N/A
  • Property Type: Lots and Land For Sale
  • New Construction: No/Resale
  • Property Sub Type: Commercial Land
  • Direct Waterfront: No
  • Directions: Located on route 202 also known as Park Lane Road in close proximity to New Milford Hospital.
  • Financing Used: Cash
  • Spec Assoc Asses: No
  • Street Type: Road
  • Special Features: None

Exterior Features

  • Waterfront Description: Not Applicable
  • Road Frontage Description: State Road

Utilities

  • Water Source: Private Well
  • Sewer: Septic
  • Utilities Available: Cable Available
  • Septic Approval: No
  • Septic Plan Available: No

Lot Info

  • Acres: 2
  • Lot Description: Open Lot
  • Lots Number Of: 1
  • Zoning: B1
  • Parcel #: 1870351

Tax Info

  • Tax Year: July 2023-June 2024
  • Property Tax: 6298

MLS Schools

  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 16, 2021
Closed on
Dec 27, 2023
Sold by
Mohni Nagi and Mohni Joyce
Bought by
Seller's Agent
Norman Urquhart
Scalzo Real Estate
Buyer's Agent
Norman Urquhart
Scalzo Real Estate
List Price
$300,000
Sold Price
$137,500
Premium/Discount to List
-$162,500
-54.17%
Views
478
Current Estimated Value
$156,251

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,751
Avg. Annual Appreciation
5.96%
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$137,500 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $3,019,200
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/20/2023 12/20/23 Sold $137,500 -54.2% --
12/06/2022 12/06/22 For Sale $300,000 +118.2% --
11/30/2022 11/30/22 Off Market $137,500 -- --
11/16/2021 11/16/21 For Sale $300,000 -- --
Source: SmartMLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $6,629 $217,320 $217,180 $140
2024 $6,470 $217,320 $217,180 $140
2023 $6,298 $217,320 $217,180 $140
2022 $6,161 $217,320 $217,180 $140
2021 $6,078 $217,320 $217,180 $140
2020 $6,234 $217,350 $217,210 $140
2019 $6,238 $217,350 $217,210 $140
2018 $6,123 $217,350 $217,210 $140
2017 $5,923 $217,350 $217,210 $140
2016 $5,818 $217,350 $217,210 $140
2015 $5,814 $217,350 $217,210 $140
2014 $5,716 $217,350 $217,210 $140
Source: Public Records

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Map

Source: SmartMLS

MLS Number: 170454370

SmartMLS

APN: NMIL-000043-000001-000013

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